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Fremont Will Delay Earnings: Subprime’s Latest Victim? 

Feb 28, 2007By

Fremont General Corporation (NYSE:FMT), one of the nation’s largest subprime residential lenders, announced late Tuesday that it will postpone the release of its fourth quarter and full-year 2006 results of operations, each previously scheduled for February 28, 2007. The company also announced that it will miss the SEC deadline of March 1 to file its 2006 annual report on Form 10-K. Fremont did not give reasons for the delays in its press statement. Spokeswoman Linda Bandov, in an interview with Reuters, said Fremont will provide an update on Thursday.

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